We study the association between environmental, social, and governance (ESG)
government risk management and firm-level IPO underpricing between 2008 and 2018 …

This study examines the impact of country-level earnings quality on IPO underpricing.
Examining 10,783 IPOs from 37 countries, we find that IPOs are underpriced less in …

While numerous empirical studies have examined the relationship between corporate
divestiture and subsequent firm performance, inconsistent findings persist, suggesting the …

We study the impacts of country-level information asymmetry, investors' home-country bias,
effectiveness of contract enforcement mechanisms, and accessibility of legal recourse on …

A detailed look at the worst M&A deals ever and the lessons learned from them It's common
knowledge that about half of all merger and acquisition (M&A) transactions destroy value for …

We study the impact of country-level accounting conservatism on international IPO
underpricing. Examining 13,285 IPOs from 36 countries, we find that IPOs are underpriced …

We examine whether media news reflect the extent to which issuing firms manage their
earnings prior to their equity carve-outs (ECOs). We posit that managers will strategically …

Using an international sample of IPO firms from 36 countries and a country-level index for
societal trust, we find strong evidence that societal trust is negatively associated with the …

We study the impact of country-level short selling constraints on IPO underpricing.
Examining 17,151 IPOs from 36 countries, we find that IPO underpricing tends to be greater …

Country-level institutional quality is positively correlated with the underpricing of initial public
offerings (IPOs). The association is strong for IPOs issued in developed markets, but absent …